Job Description

Division Summary




The Finance department is structured into key functional areas and regions. This organisation reflects the key roles and control processes of Finance within the Bank.


For Singapore, the Finance function provides management and reporting of its financial results, corporate tax and GST. It also serves other important control functions including balance sheet reconciliation and substantiation.


Job Purpose




Efficiency, high quality, attention to details and consistency are essential in daily operations. The role requires delivering satisfactory services through proactive thinking and strong problem solving skills, supporting both internal and external stakeholders. Proficiency in Excel and hands-on experience in regulatory reporting are essential.


Key Responsibilities




Account Payables


Handle invoice and payment processing on vendors and staff claims Prepare accounting journal entries and posting to general ledger Prepare monthly entries and schedules, including prepayments, provisions, accruals, MTM adjustments, and FD interest, etc. Prepare monthly gym files, as well as ad-hoc and annual BIK files to HR
MAS Reporting


Prepare and review periodic regulatory returns to MAS for Singapore Office, including: MAS Notice 610 Submission of Statistics and Returns MAS 649 Minimum Liquid Assets and Liquidity Coverage Ratio Quarterly Income & Expenditure Statement Annual MAS Survey of Services Prepare monthly financial checklist for Singapore Branch to ensure compliance with MAS regulation and requirement Update daily MAS monitoring control (Capital Funds, Minimum Liquid Assets, Minimum Cash Balance and Asset Maintenance monitoring)
MIS reporting:


Perform monthly balances sheet substantiation via Cadency Prepare Plato adjustment template for SG Prepare Month-end table for SAP exchange rate Prepare RCC upload file information for London consolidation Prepare the monthly Asia BU cost report and perform variance analysis of actuals vs budget for delivery to the Department Head
Taxation


Assist in preparation of monthly tax computation file and year-end return for Singapore Branch and post the corresponding tax provision entries
Others


Assist in system implementation projects, reports automation and analysis Undertake ad hoc assignments and meet tight deadlines Covering the duties for other team member while they are out of office
Preferred Qualifications and Experience




Diploma in Finance, Accounting, or a related field Strong analytical and problem-solving skills Excellent communication and interpersonal skills Knowledge of MAS reporting Minimum 3 years of accounting experience preferably in banking / auditing field Experience with SAP & SAP Concur system would be an advantage DBS Ideal e-banking payment Ability to work independently and as part of a team
Knowledge, technical skills and expertise:


Excellent spreadsheet skills proficient in pivots and advanced formula Microsoft Office skills e.g.: Excel & Word preferred
Personal attributes:


* Meticulous, self-motivated, possess initiative, independent and a team player